Telangana tops in FDI inflows in agri-services sector 

With a major thrust being given to the agriculture sector by CM KCR after the formation of Telangana, the state is leading the way in agriculture. According to the union government’s study, Telangana is the top state in attracting foreign direct investments (FDI) in the agricultural services sector.

A report named ‘Agricultural Statistics – 2021’ presenting the agricultural statistics of 17 major producing states was released by the union ministry of agriculture. According to the report, Telangana has attracted 50 million dollars worth of investments in agricultural services from October 2019 to September 2021.

The study has revealed that Telangana has accounted for 26.32% of total FDI inflows into the country, which stood at 189 million dollars, in the said sector in the mentioned time period. Also, the youngest state is in third position in the country in total yield, next only to Punjab and Haryana. 

Another notable achievement is that the percentage share of power consumption for agriculture is coming down. The percentage has dropped from 41.25% in 2018-19 to 35.07% in 2019-20. It can be attributed to the improvement of irrigation facilities in the state and thus less reliance on borewells for farming. 

Under the leadership of farmer-friendly CM KCR, Telangana is gradually becoming the ‘rice bowl of India’. The statistics resonate the same. 

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